The November 2023 edition of Akin Intelligence reports an intriguing development in the field of artificial intelligence (AI) regulation, with the U.S. government actively seeking to take the lead globally. The Akin Gump Strauss Hauer & Feld LLP led publication notes that this change in stance may have significant implications for several sectors.
It’s in the backdrop of October 2023 that this shift was most notable as the U.S. Department of Commerce (Commerce) laid out expansive changes to its export controls. The nature of these changes focused primarily on the semiconductor technology utilized in forming the core of AI models. The specifics of the modifications to export policies and their wide-ranging implications have not been disclosed. However, it’s clear that the potential impact on both the development and the dissemination of AI technologies could be substantial.
These new developments mark a significant shift in the U.S.’ approach to guide and influence the development of AI technology. By actively modifying export controls, the American government seems to be stepping up to claim a significant role in controlling AI’s future trajectory.
This has implications for major corporations and law firms assisting them. They will need to adjust their strategies and operations to stay on the right side of these new regulations, while also capitalizing on the new opportunities they may offer. Additionally, this may also influence how other countries around the world reevaluate their own AI regulations.
In the ever-evolving field of AI technology and policy, legal professionals should stay abreast of these developments and their potential impact on the field. The latest Akin Intelligence report is a valuable guide to these shifting sands.